14. kathy and her nana are working on a craft
project. kathy would like to give these as
birthday presents to all her friends. nana has
6 yards of material. if each project requires
ī of a yard of material, then to how many
friends can she give gifts?
2

2. using calculations based on a perpetual inventory system, determine the inventory balance altira would report in its august 31, 2021, balance sheet and the cost of goods sold it would report in its august 2021 income statement using the average cost method. (round "average cost per unit" to 2 decimal places.)